Investors
Balance sheet
As at 31 December 2024
| 2024 £m | 2023 £m | ||
|---|---|---|---|
| Non-current assets | |||
| Goodwill | 207.0 | 221.5 | |
| Other intangible assets | 114.4 | 111.2 | |
| Property, plant and equipment | 481.2 | 504.9 | |
| Right-of-use assets | 56.4 | 58.5 | |
| Deferred tax assets | 7.0 | 2.6 | |
| Trade and other receivables | 2.8 | 1.3 | |
| 868.8 | 900.0 | ||
| Current assets | |||
| Inventories | 28.1 | 29.5 | |
| Current tax assets | 10.1 | 13.1 | |
| Trade and other receivables | 141.3 | 148.4 | |
| Cash and bank balances | 19.1 | 45.2 | |
| Assets held for sale | – | 0.5 | |
| 198.6 | 236.7 | ||
| Total assets | 1067.4 | 1,136.7 | |
| Current liabilities | |||
| Trade and other payables | 146.7 | 122.7 | |
| Current tax liabilities | 32.2 | 46.0 | |
| Borrowings | 87.4 | 32.6 | |
| Lease liabilities | 13.1 | 11.8 | |
| Provisions | 11.9 | 12.0 | |
| 291.3 | 225.1 | ||
| Net current (liabilities)/assets | (92.7) | 11.6 | |
| Non-current liabilities | |||
| Lease liabilities | 50.4 | 52.5 | |
| Retirement benefit obligations | 11.3 | 11.1 | |
| Deferred tax liabilities | 41.2 | 51.8 | |
| Provisions | 2.5 | 3.0 | |
| Other payables | 0.8 | 0.9 | |
| 106.2 | 119.3 | ||
| Total liabilities | 397.5 | 344.4 | |
| Net assets | 669.9 | 792.3 | |
| Equity | |||
| Share capital | 31.6 | 33.1 | |
| Share premium account | 177.1 | 177.1 | |
| Own shares | (11.1) | (15.6) | |
| Capital redemption reserve | 131.3 | 129.8 | |
| Other reserves | 10.0 | 10.1 | |
| Translation reserves | 38.8 | 52.3 | |
| Retained earnings | 290.4 | 404.0 | |
| Equity attributable to equity holders of the parent | 668.1 | 790.8 | |
| Non-controlling interests | 1.8 | 1.5 | |
| Total equity | 669.9 | 792.3 |
The financial statements of Bodycote plc, registered number 519057, were approved by the Board of Directors and authorised for issue on 13 March 2025.
